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Riverfront Recreational Land
For Sale
$125,000

26 27B Mayfly Drive lot 26 & 27B, Cullowhee, NC 28723

Land, Cullowhee, NC

Property SizeContact for details
Lot Size4.03 Acres
Days on Market564

Property Features for 26 27B Mayfly Drive lot 26 & 27B

General Information

Property type Land
Property subtype Other
Zoning description Residential
Exterior features Barbecue
Subdivision Waterdance
Lot features Irregular Lot, Private, Sloped, Views
View River
Directions Off 107 at Waterdance entrance. Go through gate and left on Mayfly Dr
Standard status Active
APN 7566-22-9273, 7566-21-7964
Lot size 4.03 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LT 26 WATER DANCE, LT 27B WATER DANCE
Tax Annual Amount 228
HOA Fee $2,500 Annually
Legal Description LT 26 WATER DANCE, LT 27B WATER DANCE

Utilities

Water front features River Front
Water front 1

Building Details

Additional Structures Gazebo
Listing Agency: WNCproperty.com Inc.
Listed By: James Lorenz · License #70681
Added: Mar 25, 2025 Changed: Sep 2 Last Checked: Oct 9 at 5:06PM
MLS# 1000409

Copyright © 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.03-acre waterfront parcel offers direct access to the Tuckasegee River within a gated mountain community. The property setting includes scenic mountain views, a natural waterfall, extensive trails, and distinctive 40-foot rock formations known as “The Boulders.” A 3,500' elevation overlook provides broad mountain vistas.

Community amenities include a covered bridge, a river pavilion with a fireplace and outdoor kitchen, and an overlook pavilion with another fireplace and indoor gathering space. The river supports catch-and-release trout fishing, while the surrounding landscape provides opportunities for hiking and other outdoor recreation. The parcel is located at 26,27B Mayfly Drive, lot 26 & 27B, Cullowhee, NC 28723.

Key Highlights

  • 4.03‑acre parcel with direct frontage on the Tuckasegee River
  • Located in a gated community with mountain views and shared recreational amenities
  • 3,500' elevation overlook with panoramic mountain vistas

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 28723, NC

12,297
Population
5,600
Households
2.2
Avg Household Size
25
Median Age
32%
College-Educated
92%
High-School Grad
112.0 sq mi
ZIP Area
110
Density / Sq Mi
$43,539
Median Household Income
$10,908
Median Earnings
$842
Median Rent
$308,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Gated community land with river access, mountain scenery, trails, and shared gathering facilities.
Where is this waterfront land located?
The property is located at 26 27B Mayfly Drive lot 26 & 27B Cullowhee, NC.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 4.03‑acre parcel with direct frontage on the Tuckasegee River; Located in a gated community with mountain views and shared recreational amenities; 3,500' elevation overlook with panoramic mountain vistas
More about this property
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